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    OFF-MARKET
    Commercial real estate

    Memphis-Bluelick, Memphis, IN 47143

    9.55 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9.55-acre commercial parcel enjoys a highly desirable location directly off Interstate 65, offering unparalleled accessibility and visibility. Its strategic position provides easy access to the bustling city of Louisville, just minutes away, making it an ideal location for a variety of commercial ventures. The property's expansive size presents a unique opportunity for developers seeking to create a multifamily housing complex, a thriving shopping strip center, or a convenient fast-food restaurant. The high traffic count on I-65 guarantees significant exposure for any business established here. This prime location is poised for substantial growth and offers significant return on investment potential. The asking price is $1,430,000. This listing presents a rare chance to acquire a substantial piece of commercial real estate in a rapidly developing area. The property's versatility allows for a wide range of development possibilities, catering to diverse business needs. For those seeking even greater acreage, additional adjacent parcels are available under separate listings (numbers 2019011327 and 2019011328). This presents a unique opportunity to acquire a larger contiguous land holding for a significant development project. Don't miss this chance to secure a prime location with exceptional growth potential in a thriving market. Contact us today to learn more about this exciting opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 9.55 ac (415,998 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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